How To Win The Bad Credit Loan Game

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How To Win The Bad Credit Loan Game

• BY www.newhorizon.org

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• Are you tired of hearing "NO" when you are
  applying for a loan?

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• Lenders are quite reluctant to give you a loan
  because you have a bad credit score.
• They probably see you as a bad risk.

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• But don't you worry, just be patient in looking
  for the right lenders.
• More lenders are more open now to give credit to
  people with poor credit history.
• As long as you have proof of income they will
  likely to give you a bad credit loan.

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A bad credit loan is very similar to any type of
loan.

• You borrow a money and you will pay it back
  monthly.
• The biggest difference is the interest rate.
  Because you are a BAD risk for the lenders, your
  loan interest rate will be slightly higher than
  the standard rate.

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• TIP Shop around first before applying for a
  loan.
• Find the best deal with the lowest interest.
• Look for a loan with fixed interest rate even for
  a specified time. This way you'll know exactly
  how much you will be paying.

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SECURED LOAN

• If you have a poor credit history, the easiest
  way to get a bad credit loan guaranteed approval
  is to put your home or car as a collateral.
• But do remember that your home or car will be at
  risk.

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THE BRIGHT SIDE

• One of the positive outcomes of taking out a bad
  credit loan is you can BUILD up your credit
  rating in the process.
• Just make sure that you keep up with the
  repayments and pay it back on time.

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• To know more about bad credit loan guaranteed
  approval read https//www.newhorizon.org/credit-in
  fo/bad-credit-personal-loans-100-guaranteed-approv
  al/